Financial Analyst II

Parexel

Financial Analyst II supporting project finance objectives at Parexel, a leading Clinical Research Organization. Involved in financial analysis, reporting, and project decision-making processes.

Posted 5/1/2026full-timeRaleigh • North Carolina • 🇺🇸 United StatesMid-LevelSeniorWebsite

About the role

Key responsibilities & impact

Create accurate, transparent, and timely financial analysis to support project leadership in project decision making process; clearly articulate financial implications of business decisions and provide retrospective analysis as well as drive forward looking actions on simpler projects / contract types.
Facilitate the monthly revenue cycle and support project analysis requirements, including a review of units, forecast, unit prices, and revenue recognition.
Complete all required variance analyses for the set of projects, with insight.
Identify risks in the project forecast and opportunities to improve revenue outlook.
Communicate, document, and manage these on an ongoing message.
Understand alternative finance scenarios within a project with a degree of technical knowledge and business acumen.
Provide updates on financial status for assigned projects and create information in response to any client financial reporting needs for assigned projects in the area of project reporting, forecasting, or transactional details for the projects within the portfolio.
Actively monitor the balance sheet positions of projects within the portfolio. Initiate action as needed with project teams to keep balances current, improving DSO and cash flow.

Requirements

What you’ll need

5+ years’ experience as a project financial analyst required.
An understanding of the fundamentals of CRO industry and how Finance's role influences in the organization is a plus.
Proficient with Excel and PowerPoint applications; experience with financial performance systems.
Bachelor’s Degree and/or equivalent experience required in Finance/Accounting.

Benefits

Comp & perks

Health, Vision & Dental Insurance
Tuition Reimbursement
Vacation/Holiday/Sick Time
Flexible Spending & Health Savings Accounts
Work/Life Balance
401(k) with Company match
Pet Insurance

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

financial analysisvariance analysisrevenue recognitionforecastingfinancial reportingcash flow managementproject analysisrisk identificationbusiness acumenCRO industry fundamentals

Soft Skills

communicationdocumentationproject managementdecision makinginsight generation

Certifications

Bachelor’s Degree in FinanceBachelor’s Degree in Accounting